DATE:
AUTHOR:
The Product team at Griffin
API App Safeguarding accounts Client money accounts Savings accounts Embedded bank accounts Business banking

Interest accrued now shows in the API and app

DATE:
AUTHOR: The Product team at Griffin

You can now view interest accrual for different bank accounts through the API and in the Griffin app. You can:

  • Retrieve accrued interest via the API - make a GET request to the account URL to see the current accrued interest amount

  • Show accrued interest to your customers - if you want your customers to see how much interest they've earned so far in the current period, you can now pull this data from the API and display it directly in your product

  • View accrued interest in the app - see how much interest has built up on an account since the last capitalisation date

How to retrieve accrued interest through the API

To view the accrued interest on a bank account, make a GET request to the account URL:

curl "https://api.griffin.com${ACCOUNT_URL}" \
  -X 'GET' \
  -H "Authorization: GriffinAPIKey $GRIFFIN_API_KEY" \
  -H 'Content-Type: application/json'

The response will include:

{
  "account-url": "/v0/bank/accounts/ba.IcqDdMDxT7OaYRznoit-7A",
  "account-status": "open",
  "bank-product-type": "savings-account",
  "account-balance": {
    "currency": "GBP",
    "value": "10000.00"
  },
  "accrued-interest": {
    "currency": "GBP",
    "value": "12.34"
  },
  ...
}

How to see accrued interest in the app

Once you navigate to a bank account, you can see the interest accrued in the overview tab next to the account balance.

Questions?

We're here to help. Just reach out at support@griffin.com or get in touch with your Customer Success manager.


Thanks for reading!

 Read our docs

 Join our Slack community

 Follow us on LinkedIn

Powered by LaunchNotes